Australian govt to let ICT suppliers keep IP

The Australian Information Industry Association (AIIA) is claiming a win for ICT suppliers into Federal Government, announcing that such suppliers will be able to retain the intellectual property rights for software they develop under contract with agencies.

In a statement, AIIA CEO Ian Birks described the outcome as a strong one for the industry, particularly small-to medium-sized businesses.

“When a software company retains ownership of IP, it encourages the commercialisation of IP across the ICT sector and fosters a competitive culture of innovation. This outcome will provide immediate and long-term returns to both government and the ICT industry,” Birks said.

The change comes after negotiations between industry and both state and federal authorities and will come into effect from October 1.

“The Attorney-General’s department is to be congratulated for their understanding of these issues and the decision they have reached. We believe that this outcome will serve the interests of both Government and the industry very strongly into the future,” Birks said.

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